NEWSWIRETODAY Press Release & Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Agency / Source: APTEAN

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Aptean Partners with TA Associates and Vista Equity Partners to Accelerate Growth - Aptean, a leading global provider of mission-critical, industry-specific enterprise software solutions, announced that it will receive a joint investment from TA Associates (“TA”) and Vista Equity Partners (“Vista”) - VistaEquityPartners.com / TA.com
Aptean Partners with TA Associates and Vista Equity Partners to Accelerate Growth

 

NewswireTODAY - /newswire/ - Alpharetta, GA, United States, 2019/02/27 - Aptean, a leading global provider of mission-critical, industry-specific enterprise software solutions, announced that it will receive a joint investment from TA Associates (“TA”) and Vista Equity Partners (“Vista”) - VistaEquityPartners.com / TA.com. NASDAQ: TRMB

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Together with Aptean’s executive management team, TA and Vista plan to accelerate Aptean’s growth as the company aims to continue providing best-in-class manufacturing ERP, supply chain and compliance solutions to its customers globally.

TA and Vista will be equal partners, each investing new equity to acquire Aptean from the separate Vista fund that initially invested in the company in 2012. Moving forward, the partnership between TA and Vista will provide Aptean with the benefits of two experienced investment partners, enabling the company to leverage TA’s global add-on acquisition origination and integration capabilities alongside Vista’s proven operational expertise with the aim of positioning Aptean for substantial organic and inorganic growth.

“We are thrilled to partner with TA and Vista as we enter this next phase of growth,” said TVN Reddy, CEO of Aptean. “Over the past year, we streamlined and re-focused Aptean’s product portfolio through the divestitures of Aptean’s public sector, healthcare, and vertical business applications assets. We believe Vista’s continued commitment and TA’s new perspective will equip us with the external resources, capital, and expertise to further strengthen and advance Aptean as the market leader in manufacturing ERP, supply chain and vertically-focused compliance solutions globally.”

Leading up to this investment, Vista and Aptean’s leadership team executed on a plan to focus the company’s product portfolio exclusively on Aptean’s industry-specific ERP, supply chain and compliance solutions. In July 2018, Aptean announced the divestiture of its public sector and healthcare assets, and in October 2018, the company sold its vertical business applications assets. As a result, Aptean is now solely positioned to invest in its core, vertical solutions and continue the development of next-generation SaaS products for its customers.

“We are very pleased to be investing in Aptean, one of the leading manufacturing ERP, supply chain and compliance software providers globally,” said Hythem El-Nazer, a Managing Director at TA Associates. “With its global and loyal customer base, talented management team and accelerating focus towards delivering cloud products, we believe Aptean is well positioned to take advantage of organic and inorganic strategic initiatives. Furthermore, we are confident that the combination of the breadth of value-add capabilities that TA and Vista bring will help enable further acceleration in growth. We are excited about the next chapter of Aptean and are committed to ensuring the business has the resources necessary to continue to innovate and bring new products and functionality to customers.”

“We see a tremendous opportunity for Aptean’s continued growth as we partner with TA during the next phase of value creation,” said Marc Teillon, a partner at Vista Equity Partners. “The company’s sharp focus positions it to take advantage of vertical-specific market requirements that necessitate purpose-built solutions. We look forward to working with TA and Aptean’s leadership team to maximize the opportunities within the existing product set while remaining focused on acquisitions to meaningfully expand Aptean’s product depth and geographic footprint through acquisition.”

DLA Piper served as the legal advisor to TA Associates. Atlas Technology Group served as the financial advisor to Vista, and Kirkland & Ellis and Ropes & Gray served as legal advisors.

The transaction is subject to customary closing conditions and is expected to close during the second quarter of 2019.

About Aptean

Aptean (aptean.com) is a global provider of mission-critical, industry-specific software solutions. Aptean’s purpose-built ERP and supply chain management solutions help address the unique challenges facing process and discrete manufacturers, distributors, and other focused organizations. Aptean’s compliance solutions are built for companies serving specific markets such as finance, healthcare, biotech and pharmaceuticals. Over 2,500 organizations in more than 20 industries across 54 countries trust Aptean’s solutions at their core to assist with running their operations.

About TA Associates

TA Associates (ta.com) is one of the largest and most experienced global growth private equity firms. Focused on five target industries technology, healthcare, financial services, consumer and business services TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in growth companies. TA has raised $24 billion in capital since its founding in 1968 and is committing to new investments at the pace of $2 billion per year. The firm’s more than 85 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong.

About Vista Equity Partners

Vista Equity Partners (vistaequitypartners.com) is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $46 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. As a value-added investor with a long-term perspective, Vista contributes professional expertise and multi-level support towards companies to realize their full experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity.

For TA Associates:
Marcia O’Carroll, TA Associates
P: 617-574-6796 - E: mocarroll[.]ta.com.
OR
Zachary Tramonti, BackBay Communications
P: 617-391-0797 - E: zachary.tramonti[.]backbaycommunications.com.

For Vista Equity Partners: Dafna Tapiero
P: 202-776-7776 - E: vista[.]laurelstrategies.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: APTEAN

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Aptean Partners with TA Associates and Vista Equity Partners to Accelerate Growth

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Aptean |
Contact: Mark Pileski - Aptean.com 
647-499-6583 mark.pileski[.]aptean.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any APTEAN securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From APTEAN / Company Profile


Read Software Most Recent Related Newswires:

Yardi Enhances Fraud Detection with Expanded Collaboration with Nova Credit
Mitsubishi UFJ Bank Collaborates with Oracle to Build the Next-Generation Platform for Mitsubishi UFJ Direct
Blue Yonder Named a Leader in the 2025 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for 12th Time in a Row
Siemens Expands Teamcenter X to Make PLM Accessible to Companies of All Sizes
Bombardier to Digitally Transform the Aircraft Engineering Process from Concept through to Production with Siemens Xcelerator
Secafy Selects Siemens’ EDA Tools for Innovative Hardware Security Development
Tremonia Mobility Delivers Efficient and Sustainable Minibuses with Siemens Xcelerator
Oracle Named a Leader in 2025 Gartner® Magic Quadrant™ for Talent Acquisition (Recruiting) Suites
Siemens Acquires DownStream Technologies to Expand PCB Design-to-Manufacturing Flow
Yokogawa Launches OpreX Plant Stewardship
Blue Yonder Named a Leader for the 14th Time in the 2025 Gartner® Magic Quadrant™ for Transportation Management Systems
Veeva Announces Research Site Clinical Trial Management System
New Accenture Siemens Business Group to Reinvent Engineering and Manufacturing for Clients
OpenText Announces Availability of Titanium X Enabling new Limitless Digital Workforce
Curtiss-Wright Announces Expanded Capabilities of IQ-Core Software Suite for Tactical Network Management

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Enciris Technologies

Visit  BizJobs.com





 
  ©2005-2025 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)